Despite its small size, Trinidad and Tobago ranks highly on a number of economic development indicators. According to estimates by the IMF, per capita income in T&T was $21,310 in 2014, the third-highest level in the Americas, after the US and Canada. Meanwhile, the World Bank categorises T&T as a high-income, non-OECD nation, while the World Economic Forum (WEF...
The Americas Economy
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Articles & Analysis | Although lower hydrocarbons prices are set to reduce government revenues, Trinidad and Tobago's economic fundamentals remain strong from The Report: Trinidad & Tobago 2015
Interviews & Viewpoints | Gerard Johnson, General Manager of the Caribbean Country Department, Inter-American Development Bank (IDB): Interview from The Report: Trinidad & Tobago 2015
What policy interventions should be prioritised given the current low commodity price environment?
Articles & Analysis | Trinidad and Tobago has taken notable steps to improve the business environment from The Report: Trinidad & Tobago 2015
Trinidad and Tobago was one of 10 countries identified by the World Bank in its “Doing Business 2015” report as having improved the most in terms of the ease of doing business through 2013-14. Of the 189 countries assessed by the organisation, T&T’s overall rank was 79th. By this measure, it compares favourably with other CARICOM and Latin America countries....
Interviews & Viewpoints | Larry Howai, Minister of Finance and the Economy: Interview from The Report: Trinidad & Tobago 2015
What effects does the Ministry of Finance expect oil and gas prices will have on state revenues?
Articles & Analysis | Trinidad and Tobago's central bank continues tightening monetary policy to reduce excess levels of liquidity from The Report: Trinidad & Tobago 2015
In line with the expectations of the financial sector, the Central Bank of Trinidad and Tobago (CBTT) has continued tightening its monetary policy in 2015. In late May the CBTT’s Monetary Policy Committee (MPC) decided on a fifth consecutive increase in its repo rate of 25 basis points to 4%. The MPC’s decision was based on three factors. One was the recent forward...
Articles & Analysis | Trinidad and Tobago's stock exchange operates as more of a custodian than a bourse from The Report: Trinidad & Tobago 2015
The country’s stock exchange was established in October 1981 under the provisions of the Securities Industry Act. Since 1995 the Trinidad and Tobago Stock Exchange (TTSE) and its members have been regulated by the T&T Securities and Exchange Commission, in accordance with the Securities Industry Act. The 1995 act was eventually repealed at the end of 2012 and...